Bloomberg Tech

Hamas said two US citizens held in Gaza have been released. Israeli media reported that they were handed over to the Red Cross.

Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, is closing down its business after a four-month search for an acquirer failed, its founder and Chief Executive Officer Dan Lewis told employees in memo Thursday informing them, “Today is your last day at the company.”

For senior executives, the Great Resignation is just getting started.

There are fresh concerns that Israel’s war with Hamas will spark a wider conflict in the energy-producing Middle East, as leaders from around the region prepare to gather in Cairo for a summit on the crisis. Germany and China are also sending envoys to the meeting.

Stocks fell around the globe, bonds climbed and oil hit $90 a barrel on concern that the Israel war with Hamas will escalate into a wider conflict in the Middle East.

Investors in Argentine assets are bracing for losses ahead of Sunday’s presidential election, with uncertainty high as voters grapple with triple-digit inflation and economic gloom.

New York City has had to return a “vast majority” of applications from Airbnb Inc. and other short-term rental hosts seeking to register their listings because they were illegal, prompting many hosts to list their property for longer-term stays.

Paytm narrowed quarterly losses after the fintech pioneer expanded into new arenas and quickened lending in a healthy Indian economy.

Equities fell and oil topped $90 a barrel on concern the war between Israel and Hamas may widen to a regional conflict.